It looks to me like EU is retesting a previously broken bullish trendline and could go down from here.
In addition if we look at the daily chart today we have a ton of bullish ideas, that, for me, is enough reason to go short LOL.
"Do the opposite to what the flock is doing, remember that only 10% of the traders are successful"

As long as the upper channel resist this pair is in a descending channel and we could expect a downward move.
If the channel is broken this traded will be invalidated.
It can be set with tight SL and a good R/R ratio.

As long as the low line of the channel holds, we could expect a bounce to the top.
Then breakout on the top is expected as well since the daily downtrend has been broken and retested.
This could be a successfull setup:
SL: 1.425
TP1: 1.44
TP2: 1.45
Good luck everyone.